Nashville Technology Council Foundation
Fiscal Year
Fiscal Year Start
01/01/2024
Fiscal Year End
12/31/2024
Projected Revenue
$449,975.00
Projected Expenses
$442,800.00
Organizational Budgets and Other Documents
| 2024 Budget | 2024 |
| 2020 Budget | 2020 |
| 2019 Budget | 2019 |
| 2017-2018 Budget | 2018 |
IRS Letter of Exemption
| IRS Letter of Determination |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Revenue | $946,337.00 | $871,133.00 | |
| Total Expenses | $794,788.00 | $945,502.00 | |
| Revenue Less Expenses | ($-0.00) | $151,549.00 | ($74,369.00) |
Revenue Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | $0.00 | |
| Government - Federal | $0.00 | $0.00 | |
| Government - State | $0.00 | $0.00 | |
| Government - Local | $0.00 | $0.00 | |
| Government - Unspecified | $527,743.00 | $0.00 | |
| Contributions, Gifts, and Grants | $264,506.00 | $618,176.00 | |
| Indirect Public Support | $0.00 | $0.00 | |
| Earned Revenue | $154,088.00 | $252,957.00 | |
| Investment Income, Net of Losses | $0.00 | $0.00 | |
| Membership Dues | $0.00 | $0.00 | |
| Special Events | $0.00 | $0.00 | |
| Revenue In-Kind | $0.00 | $0.00 | |
| Other | $0.00 | $0.00 |
Expense Allocation
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Program Expense | $98,583.00 | $862,984.00 | |
| Administration Expense | $696,205.00 | $82,518.00 | |
| Fundraising Expense | $0.00 | $0.00 | |
| Total Revenue/Total Expenses | 119% | 92% | |
| Program Expense/Total Expenses | 12% | 91% | |
| Fundraising Expense/Contributed Revenue | 0% | 0% |
Top Funding Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | $0.00 | Government Grants $527,743.00 | Contributions, Gifts, and Grants $618,176.00 |
| Second Highest Funding Source & Dollar Amount | $0.00 | Contributions, Gifts, and Grants $264,506.00 | Program Revenue $252,957.00 |
| Third Highest Funding Source & Dollar Amount | $0.00 | Program Revenue $154,088.00 | $0.00 |
Assets and Liabilities
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $76,100.00 | $133,398.00 | |
| Current Assets | $33,542.00 | $60,414.00 | |
| Long-Term Liabilities | $0.00 | $0.00 | |
| Current Liabilities | $34,778.00 | $243,825.00 | |
| Total Net Assets | $41,322.00 | $-110,227.00 |
Endowment Info
Do you have an endowment?
No
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Do you anticipate a campaign in the next 5 years?
No
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
June
Permit Expiration Year
2024
Solicitations Permit
Form 990s
| Form 990 | 2022 |
| 2021 Form 990 | 2021 |
| 2020 Form 990 | 2020 |
| Form 990 | 2018 |
| Form 990 | 2017 |
| Form 990 | 2016 |
Audit Documents
| NTCF Audit 2018 | 2018 |
Foundation Staff Comments
| Financial figures taken from the Form 990.Form 990 was prepared by Kraft CPAs, PLLC. Comments provided by Hayley Sulfridge 4/2/24. |
